Posts

East Africa: CSOs Urge Leaders to Embrace Renewable Energy, Ditch Fossil Fuels/in /by
[allAfrica] The 10th East African Petroleum Conference and Exhibition 2023, which came to a close in Kampala yesterday, has drawn criticism from Civil Society Organizations (CSOs) in the region. In a May 10, 2023 letter sent to the Heads of State of East African nations, 41 CSOs voiced concern over East African leaders' discussions to exploit oil in the region, which could exacerbate climate change.
Nigeria: Dangote Refinery Challenges Global Narrative/in /by
[Premium Times] Whatever the world may be saying about fossil fuels, carbon footprint and spooky markets, the hundreds of thousands of unemployed Nigerians cannot wait for the relief that the commencement of the refinery promises, even if it's indirect.
Nigeria: Otedola Receives $19 Million in Arbitration Award From Ardova Over Forte Oil Sale/in /by
[Premium Times] The settlement followed a ruling last October by the London Court of International Arbitration.
Angola: Angola Overtakes Nigeria As Top African Crude Oil Producer/in /by
[Vanguard] Angola has now emerged the topmost crude oil producer in Africa, upstaging Nigeria as the latter's output level hits a new low.
Nigeria: Shell Wins in UK Supreme Court in Nigerian Oil Spill Case/in /by
[Vanguard] The United Kingdom Supreme Court has ruled in favour of leading British multinational oil and gas company, Shell on Wednesday that it was too late for Nigerian claimants to sue its two subsidiaries over a 2011 offshore oil spill.
Nigeria: Dangote, Elumelu Hail NNPC’s Performance Under Kyari/in /by
[Premium Times] Mr Dangote says NNPC Ltd can become Africa's Saudi Aramco. Mr Elumelu confessed being a beneficiary of the oil company's new efficiency
Nigeria: El-Rufai, Sanusi, Soludo Speak On Fuel Subsidy Removal, Fiscal Sustainability/in /by
[Premium Times] "So, we need to end the subsidy," one of the guest speakers said.
Mali: Ghana Deepens Petroleum Trade Ties With Mali/in /by
[Ghanaian Times] The National Petroleum Authority (NPA) has initiated moves to promote fuel trade and investment between Ghana and Mali.
Zimbabwe: Invictus Confirms Existence of Oil, Gas in Zimbabwe/in /by
[263Chat] Invictus Energy (IVZ.AX), an Australia-listed company, announced on Monday that it has confirmed the presence of light oil, gas condensate, and helium at its Cabora Bassa project in Zimbabwe.
Nigeria: RT200 Initiative Boosted Non-Oil Exports By 40 Percent in 2022, $1.7bn Inflow Recorded in Q1, 2023 – Emefiele/in /by
[This Day] The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, yesterday disclosed that the Race to $200 billion in foreign exchange (FX) repatriation programme (RT200) of the bank has boosted repatriation of funds into the country by 40 per cent in 2022.